The Loonie Hour

Steve Saretsky
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Jan 28, 2022 • 52min

The Bank of Canada Shocks The World, But Not The Loonie Hour

The Bank of Canada shocked many in the financial world when they kept rates on hold this week. People were seriously pissed off. However, the gents at the Loonie Hour saw this coming. In this week's episode, we discuss the implications of this policy decision and what we expect moving forward.Listen to The Loonie Hour on your favorite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469The Loonie Hour on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL3N0ZXZlL2ZlZWQueG1s#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Jan 21, 2022 • 1h 11min

The Bank of Canada Will Tighten Into Market Turmoil

Every mainstream bank economist is calling for aggressive rate hikes from the Bank of Canada. How far will they get? Meanwhile, national home prices ripped 26% and inflation touched its highest level in 30 years here in Canada land. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 The Loonie Hour on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL3N0ZXZlL2ZlZWQueG1s#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Jan 14, 2022 • 1h 5min

Inflation Hits 40 Year Highs and Housing Bubble Trouble

Inflation hit 7% in the US, a 40 year high. We can expect a similar print coming to Canada very soon. Meanwhile, the Canadian bank execs are pleading with the Bank of Canada to begin hiking rates in order to suck the speculative euphoria out of the housing market.Listen to The Loonie Hour on your favorite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Jan 8, 2022 • 59min

Record Home Sales and Quicker Rate Hikes

The US Federal Reserve is getting revved up and pushing rate hikes forward. Expect volatility ahead as markets digest all of this. Nearly every other central bank will have to follow, including Canada. Listen to The Loonie Hour on your favorite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Dec 31, 2021 • 1h 8min

The Loonie Hour Forecasts The Year Ahead

We're back for our final episode of this year. The lads make some predictions for the year ahead, including home prices, central bank interest rates, emerging markets, and US politics.Listen to The Loonie Hour on your favorite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Dec 24, 2021 • 58min

Rolling Lockdowns Across Canada, Now What?

The Covid lockdowns are back across Canada. What does this mean for future growth and interest rates? Are we losing faith in our institutions and are we in the midst of the fourth turning? Listen to The Loonie Hour on your favorite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Dec 17, 2021 • 1h 5min

The Canadian Government Unveils a Fiscal Debt Bomb

The Bank of Canada updated their monetary policy framework, joining hands with the Federal Government. Canada's debt situation is an utter mess with no exit strategy. The Federal government is expected to run a $144B deficit this year. Meanwhile, house prices continue to rip, up 25% from last year.Listen to The Loonie Hour on your favourite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Dec 10, 2021 • 57min

Inflation Expectations Are at a 20 Year High in Canada and the BoC Isn't Budging

Consumer inflation expectations are at a 20 year high and the Bank of Canada continues to push back saying they won't raise interest rates until mid 2022 at the earliest. Meanwhile, business are expecting to push prices up next year near 5%. The Omicron variant is being used an excuse to hold firm. Meanwhile, the national housing market continues to rip, creating systemic vulnerabilities.Listen to The Loonie Hour on your favourite podcast platform:The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Dec 3, 2021 • 52min

Higher Wages & Higher Taxes are in Canada's Future

Higher wages are coming to Canada. As the workforce ages there will be a shortage of workers, which means Canada will also rely more heavily on immigration. Meanwhile, many municipalities across the country are suffocating with too much debt and not enough revenues. This is despite record low borrowing costs and sky high real estate prices. Governments are actively looking for more tax revenues and property will be at the forefront. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.
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Nov 26, 2021 • 53min

Who's Responsible For Canada's Housing Bubble

The Bank of Canada is now blaming Real Estate investors for pushing home prices higher. But who is really to blame? In this argument we discuss the one policy tool never discussed by the media, the cost of borrowing. Keith argues a stronger US dollar is coming, potentially creating a sell-off in risk assets which might give breathing room for major central banks to keep interest rates at zero. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469See omnystudio.com/listener for privacy information.

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